DraftKings Is About To Get A New Hampshire Sports activities Betting Contract: Is It Getting A Monopoly, Too?

It appears to be like like DraftKings Sportsbook would be the solely cell sportsbook betting operator within the state of New Hampshire – at the least for now.

That’s in keeping with the agenda for the state’s Governor and Government Council assembly on Monday. The state has the choice to award as much as 5 cell operator licenses.

The New Hampshire Lottery wouldn’t verify DraftKings’ exclusivity for Authorized Sports activities Report forward of Monday’s assembly. DraftKings’ proposal within the state would make it the unique online operator in alternate for 51% of the income generated.

DraftKings Sportsbook would additionally get the unique proper to function retail sportsbooks within the state. Intralot‘s lottery provide contract shall be amended to supply sportsbook betting by the lottery as properly.

DraftKings’ contract would run by June 2026 with two elective two-year extensions. Intralot’s lottery contract expires in June 2025.

Is New Hampshire’s launch shut?

There are a selection of approvals that shall be wanted for each contracts earlier than sportsbook betting might be provided legally in New Hampshire. However these approvals might come rapidly.

Gov. Chris Sununu advised a neighborhood radio station final month he would place a wager on Tom Brady and the New England Patriots in his state earlier than the NFL season ends.

If Sununu meant the common season, which means sportsbook betting needs to be reside by Dec. 29, on the newest.

DraftKings Sportsbook additionally talked about the corporate seemed ahead to “quickly offering sportsbook followers within the Granite State with our best-in-class cell and online sportsbook product” when the proposal scores have been introduced.

Estimates offered to the Related Press point out cell betting might launch in January with retail books open in late winter or early spring.

DraftKings scored finest

The New Hampshire Lottery made its selections primarily based on scoring specified by the request for the proposal launched in August. DraftKings Sportsbook obtained one of the best scores for cell and retail operations.

However there was nonetheless a query over whether or not different operators would get a license. The scoring abstract included bolded cell outcomes for Kambi and Roar Digital, the three way partnership between MGM Resorts and GVC Holdings. Each have been inside 45 factors of DraftKings’ 810 prime rating.

DraftKings mentioned it will share 51% of sportsbook betting income with the state if given exclusivity. That far outweighed the 20% Roar provided for exclusivity.

Roar additionally obtained a bolded rating for its retail provide, coming simply 35 factors shy of DraftKings’ 790 rating. DraftKings will share 50% of sportsbook betting income with the state from its retail operations.

Roar provided between 9% and 11% of income primarily based on the variety of sportsbook places.

Intralot’s lottery proposal scored 140 factors higher than the following closest applicant, which was DraftKings. Intralot will share 19.25% of sportsbook betting income with the state.

Retail books in 5 cities

DraftKings can’t construct its retail sportsbooks wherever it desires.

Out of 9 potential places, New Hampshire voters permitted 5 cities for retail sportsbooks earlier this month:

  • Berlin
  • Claremont
  • Laconia
  • Manchester
  • Somersworth

A sixth, Franklin, may very well be permitted within the spring.

The Manchester sportsbook will probably be the busiest because it’s the one metropolis in New Hampshire with a inhabitants of greater than 100,000.

The legislation permits for as much as 10 retail sportsbooks.